₦airaland Forum

PappyMason:
Not true. Most are Pakis and Indians.

If it were Yoruba, Dangote would have since long declared bankruptcy

PappyMason:
Why will you insist on Dangote to invest his hard earned money in a venture yorubas will kill with their thievery?

manie:
This is the performance of First Bank from 2000 to date.

100k will buy 20,000 units of FBN shares in 2000.


Year Bonus Units
2000 20,000
2001 1 for 4 25,000
2002 1 for 5 30,000
2003 1 for 6 35,000
2004 1 for 8 39,375
2005 1 for 4 49,218
2006 1 for 25 5[b]1,186 ( Special distribution)[/b]
2006 1 for 1 102,372
2007 1 for 6 119,433
2008 1 for 4 149,291
2009 1 for 6 174,171
2010 1 for 8 195,000 units


Valued at over N3.8 million Naira

Delafruita:
day waterman college is owned by the Late Tayo Aderinokin(for MD/CEO of GTBank)

Love Machine:
Politicians are.No ceo of legitimate companies can pay those ridiculous fees for their children.

onuzoriyeuma:
after all this huge fees they wil stl end up failing waec..smh.

agarawu23:
No doubt, day water man college is worth it.
I worked for my Anty in the construction of the school 7years ago. The school is damn expensive and there was a rumor then that OBJ is the owner of the school but no confirmation .

Omotolu:
...I know. Just that there are millions of folks I don't trust in Nigeria. Tinubu leads the list, hence my conclusion REMITA belongs to him....

locodemy:
EXPLANATION NEEDED CONCERNING OANDO RIGHT ISSUE

Pls someone who understand this market tell me if this is a good or bad news.i am tired of listening to plenty people here like peterichy and co.i dont see facts in all their comments.will this news drive the price or reduce the price.pls analysis...................

ukay2:
Please what are the IMPORTANCE OF OPENING ONLINE CSCS ACCOUNT?

THANKS

megainvest:
That is ludicrous. FBNH has credited CSCS accounts directly but Morgan is yet to update their own records. If Morgan capital told you this, they are only trying to decieve you! If you really want to be sure ask them to print out your CSCS account statement directly from CSCS portal.

yinkaoke:
PLS HELP

I discussed this with my oga who intends to build his house in 6 months and he siad he will build with just N2m without the cost of the land but that the rooms will not be of a standard one and the 3 rooms too. i.e portable flats.

Please is it possible and can anyone give us the break down of how this is possible. his land is at Agbara

many thnaks

rebekah2011:
Forte Oil never traded this low.

olatunji21:
6 Month is too small to construct a road from Mile 12- Ikorodu...Am sure Fashola constructed the road

olatunji21:
The fool is not even ashamed of himself...Commissioning the road constructed by the one he so much hate..

olatunji21:
Fashola Constructed the road i guess?

Mynd44:
They were there to commission 434 BRT buses that have been added and the newly reconstructed Mike 12-Ikorodu route

CHANCEMAN:
What is the status of that company today? I am sure that the most have experienced a diminution in value of their assets by now.

jpphilips:
First bank was nationalized in what year sir!!?

kushe:
@adaweezy
If I start with you,u go fear ooo.There are people who regurgitate information without having the capacity to analyse and link different events.it is so easy to tell you do not have a clue about international events mentioning us,vw and MTN nigeria.
I don't want to waste coordinated eye hand activity on someone who would obviously not get it.I realize you will get what I just insinuated on the 10th of November.So wallow in ur obvious ignorance.

zendi:
and when do you normally go to bed at night?

angrybull:
First tranche was paid in the final quarter of 2014 final result. The second tranche was paid in 2nd quarter of 2015

SMC:
Great analysis Emmanuel. Fabulous job. Might I add that when we add the dividends received of N1,418,430.00 (from 2000 till date) to the current value of the shareholding which would now stand at 214,500 shares (due to the 1 for 10 bonus announced for the 2014 financial year), the value for the shareholder becomes N2,512,380.00 (214,500 shares at today's price of N5.10 per share equals N1,093,950.00) which is over 25 times the initial sum of N100,000.00 invested in year 2000.

If the shareholder had ploughed back all the dividends received into buying more FBNH shares over the years, the value gained and wealth accumulated by the shareholder would be significantly more/higher. So though the price of the FBNH stock has yoyo-ed over the years, the shareholder has really lost nothing of his investment put in originally.

CAVEAT: This relates to investments made over the years and should not be deemed as a recommendation (or otherwise) by anyone.

rebekah2011:
2nd tranche.

gentle007:
You will always feel less concerned when it doesn't concern you. You can look up the number of Nigerians emplyed by MTN then you will appreciate them. MTN will pay the fine and move on but I think this issue of lambasting MTN will stop the moment MTN is quoted in NSE and you invest in it then you will understand how it feels when fines of this nature is slammed on them. Then all Nigerians will run to their rescue to save their investment

ukay2:
Ogas
peterRichy.
Manie
Angeloe
Angry bulls
Agba
Stockbull
Chibukings
Godisfaithul(myjoy)
Others i forgot to mention


please am not a financial analyst guru....

1.What are the meaning of PBT and EPS and how do they tell whether a company is doing well or not.
2. I do not understand Most financial statements of companies, what are the parameters to look out for to know a company is doing well or not?

Please I need a layman's understanding of most financial statements of companies.

Thanks.

mercylicious:
Most of the money came from sale of investment at 27 billion.
Abt 10b ofit from sale of fixed asset.
Which investment is that?

Increase in revenue stands at abt 17% yoy.

mercylicious:
Did I see from 2billion to 22billion profit for the year?
Fmn result is really excellent.

Let's go there.

manie:
Being a long term investors does not mean you invest and go to sleep, you need to keep on monitoring the fundamentals of of your company. I was an investor of Oando for about 20 years before selling all my holdings in 2013.

.................................................. ................................................


This is the dividend payment history of First bank from 2000 to date.


Year end Units Dividend Total dividend paid less WHT
Mar 2000 20000 N1.25 N22,500
Mar 2001 25000 N1.30 N29,250
Mar 2002 30000 N1.30 N35,100
Mar 2003 35000 N1.50 N47250
Mar 2004 39375 N1.55 N54,928
Mar 2005 49218 N1.60 N70,874
Mar 2006 51186 N1.00 N46,067
Mar 2007 102372 N1.00 N92,135
Mar 2008 149291 N1.20 N161,234
Mar 2009 174171 N1.35 N211,617
Dec 2009 174171 N0.10 N15,675
Dec 2010 195000 N0.60 N105,300
Dec 2011 195000 N0.80 N140,400
Dec 2012 195000 N1.00 N175,500
Dec 2013 195000 N1.10 N193,050
Dec 2014 195000 N0.10 N17,550




Total dividend earned between 2000 and 2004 is over 134k, which is already more than the 100k invested in 2000.


Total dividend earned from 2000 to date is N1,418,430, the investor could have used the dividends earned to increase his holdings, buy others shares, invest in treasury bills or real estate.

Lamps08:
Oga emma, anybody don buy the car and plot of land. I am interested.